JK Lakshmi Cement Limited — JV/Acquisition, 22-05-2025: Acquisition

JK Lakshmi Cement has announced a board meeting on acquiring a 26% stake in a newly formed SPV focused on solar power, in a deal valued up to ₹4 Cr. This investment secures 9.9 MWp of captive solar capacity, helping the company cut power costs and boost its green energy profile over the next 15 years. The SPV will become an associate, supporting JK Lakshmi’s push toward sustainable operations and improved cost efficiencies across its cement plants.